TSX plunges 487 points

Canada’s September stock-market rout intensified yesterday as crumbling oil prices punctured energy stocks and helped put the country’s main stock index on the cusp of […]

Sallie Mae falls as financials tumble

Shares of Sallie Mae, the nation’s largest student lender, declined Thursday amid deepening investor anxiety over financial companies on Wall Street.
Shares of Sallie Mae […]

Stagflation stifles Fed, ECB, BoE

The specter of stagflation will likely keep the U.S. Federal Reserve, the European Central Bank, and the Bank of England from changing short term […]

Home prices extend record slide in April: S

Home prices extended their record slide in April, with every top metropolitan area now posting annual losses and many showing double-digit declines, according to […]

All Big Five banks move to hike mortgage rates

Bank of Montreal and Scotiabank hiked their residential mortgage rates yesterday, joining Royal Bank, TD Canada Trust and CIBC in increasing the cost of borrowing […]

Ontario liquor sales hit record $4.1 billion

A preference for higher-priced wines and other drinks helped the Liquor Control Board of Ontario put a $1.35 billion "dividend" in the province’s pocket, but […]

Molson Coors beats outlook; sales jump 10%

MONTREAL–Molson Coors Brewing Co. has carried momentum from last year’s growth in strategic brands into its first-quarter earnings, increasing sales by more than 10 per […]

Chevron profit rises on higher oil prices

SAN RAMON, Calif. – Coming off four straight years of record earnings, Chevron Corp. cashed in on soaring oil prices to begin 2008 with […]

Canada, U.S. win beef ruling

GENEVA–The World Trade Organization will rule against the European Union next week in a 12-year-old dispute with Canada and the U.S. over beef treated […]

Workers of the world are at our doorstep

In what the U.K. Financial Times describes as "the world’s most culturally diverse city," with about 115,000 new immigrants arriving in Toronto each year, too […]